TheWorks.co.uk Valuation

Is WRKS undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of WRKS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: WRKS (£0.24) is trading above our estimate of fair value (£0.2)

Significantly Below Fair Value: WRKS is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for WRKS?

Key metric: As WRKS is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for WRKS. This is calculated by dividing WRKS's market cap by their current earnings.
What is WRKS's PE Ratio?
PE Ratio	2.3x
Earnings	UK£6.38m
Market Cap	UK£14.72m

WRKS key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	0.3x
Enterprise Value/EBITDA	6.6x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does WRKS's PE Ratio compare to its peers?

The above table shows the PE ratio for WRKS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	22.7x
ANG Angling Direct	17.5x	n/a	UK£28.6m
SCHO Scholium Group	16.3x	n/a	UK£4.9m
G4M Gear4music (Holdings)	49.9x	n/a	UK£32.5m
CARD Card Factory	6.8x	15.6%	UK£279.0m
WRKS TheWorks.co.uk	2.3x	n/a	UK£14.7m

Price-To-Earnings vs Peers: WRKS is good value based on its Price-To-Earnings Ratio (2.3x) compared to the peer average (22.7x).

Price to Earnings Ratio vs Industry

How does WRKS's PE Ratio compare vs other companies in the GB Specialty Retail Industry?

1 Company	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	17.0x	20.4%
WRKS TheWorks.co.uk	2.3x	n/a	US$18.56m

No more companies available in this PE range

1 Company		Estimated Growth	Market Cap
Industry Avg.	17.0x	20.4%
WRKS TheWorks.co.uk	2.3x	n/a	US$18.56m

No more companies

Price-To-Earnings vs Industry: WRKS is good value based on its Price-To-Earnings Ratio (2.3x) compared to the UK Specialty Retail industry average (17x).

Price to Earnings Ratio vs Fair Ratio

What is WRKS's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

WRKS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	2.3x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate WRKS's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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